SPAC Market Update June 4, 2026: IPV, LTGR Price $325M of SPAC IPOs

SPAC IPO Update —

2 SPAC IPOs priced on , raising $325M; June MTD now stands at 5 IPOs totaling $825M over 4 sessions.

SPAC IPO Count

Monthly IPOs (last 13 months)
Latest: 5Prior: 20MoM: -15
10
Jun ’25
13
Jul ’25
8
Aug ’25
14
Sep ’25
14
Oct ’25
10
Nov ’25
22
Dec ’25
24
Jan ’26
27Peak
Feb ’26
11
Mar ’26
16
Apr ’26
20
May ’26
5
Jun ’26
Source: Boardroom Alpha
IPO Activity Snapshot2 SPAC IPOs today raising $325M · IPV ($175M), LTGR ($150M)
Month-to-date: 5 IPOs ($825M) vs. first 4 days of last month 2 ($400M) · 12-mo avg: 16/mo
 
Size
$150M
Ticker
LTGR / LTGRU
Sponsor
Long Table Growth Sponsor LLC

Long Table Growth Corp. filed for a $150M IPO, trading on Nasdaq under LTGR. The SPAC, led by experienced industry professionals, targets sectors including financial technology, property technology, industrial technology/infrastructure, and energy transition.

Leadership
Greg EthridgeCEO, Director
Former President of Hennessy Capital Acquisition Corp. IV, V, and VI, with a background in investment banking.
Joshua ErnstCFO, Director
Founder and CEO of Backflip, a fintech and proptech platform, with over $340 million raised in equity and debt.
Benjamin Jacob DoramusDirector
Co-founder and Managing Partner of D2 Asset Management, focused on credit and asset-based investing.
Rich RileyDirector
Former Executive Vice President at Yahoo! and co-founder of Log-Me-On.com.
Syed Mohammed Amir HusainDirector
Co-founder of Argon Mechatronics and Chairman of WorldQuant Foundry, specializing in robotics and AI.

Structure: 15M units at $10.00 each, with each unit comprising one Class A ordinary share and one-half of one redeemable warrant. Santander is the lead underwriter.

Size
$175M
Ticker
IPV
Sponsor
InterPrivate Acquisition Management V LLC

Interprivate Investment Partners V, Inc. aims to raise $175M through its IPO on Nasdaq under IPV. The SPAC focuses on technology, blockchain, and digital assets, leveraging its management team’s extensive private equity and M&A experience.

Leadership
Ahmed M FattouhCEO, Director
Founder and CEO of InterPrivate LLC, with over 25 years in private equity and M&A, including leading IPV I and II.
Dimitri GoulandrisDirector
Founder of The Cycladic Group, investing in over 60 companies globally, with a focus on building businesses.
Nicholaos KrenterasDirector
Co-Managing Partner of Blackcurrant Capital, with a 20-year career in financial services and private equity.

Structure: 17.25M units at $10.00 each, each unit containing one Class A ordinary share and one-third of one warrant. Cantor Fitzgerald is the lead book-runner.

 
New SPAC IPOs
Date Ticker Issuer IPO Size Trust Funding
Jun 04 IPV InterPrivate Investment Partners V, Inc. $175M 100.0%
Jun 04 LTGR Long Table Growth Corp. $150M 100.5%
Jun 03 AESP Aeon Acquisition I Corp. $125M 100.0%
Jun 03 APMC AmperCap Acquisition Co $125M 101.0%
Jun 03 KEYY Keystone Acquisition Corp. $250M 100.2%
May 29 BID TRIBECA STRATEGIC ACQUISITION CORP $140M 100.2%
May 27 DGAC DISCIPLINED GROWTH ACQUISITION CORP $150M 100.5%
Source: Boardroom Alpha
 

Daily SPAC Update —

SPAC VOTE RESULTS
BAYVIEW ACQUISITION CORP (BAYA) * Extend to 124,156 redeemed · $1,493,597 removed · trust $12.03

MERGER VOTES
Legato Merger Corp III (LEGT) + Einride AB
Einride AB develops and operates digital, electric, and autonomous freight solutions. Its technology platform features AI-powered planning and optimization, autonomous technologies, and a large electric heavy-duty fleet with charging infrastructure. The company serves customers in North America, Europe, and the Middle East.

SPAC DEAL & EXTENSION VOTES SET
Arogo Capital Acquisition Corp (AOGO) * EXTENSION VOTE SET: June 26, 2026 * trust $11.53

SPAC EXTENSIONS
BAYVIEW ACQUISITION CORP (BAYA) * Extension FilingShareholders approve six one-month extensions to and related trust amendment; redemptions completed.

SEPARATE WARRANTS/RIGHTS
June 4: ENERGY TRANSITION SPECIAL OPPORTUNITIES (ETSS)
June 4: PEACE ACQUISITION CORP (PECE)

OTHER SPAC NEWS
HALL CHADWICK ACQUISITION CORP (HCAC) * Merger Agreement
HALL CHADWICK ACQUISITION CORP (HCAC) * Investor Deck

SPAC DEALS ANNOUNCED
June 1 | Titan Acquisition Corp (TACH) + OpenPaydOpenPayd provides a platform for businesses to manage money globally using a single API. It offers services such as embedded accounts, foreign exchange, domestic and international payments, Open Banking, and stablecoin on/off ramps. The company supports over 1,100 businesses, processing more than $240 billion in annual volumes through its banking network.
June 1 | Hall Chadwick Acquisition Corp (HCAC) + REEcycle Holdings IncREEcycle Holdings Inc is a rare earth recycling company based in Duncan, Oklahoma. It specializes in recovering rare earth elements from end-of-life neodymium magnets found in industrial products.
June 1 | Spacsphere Acquisition Corp (SSAC) + MobilewallaMobilewalla is a data and artificial intelligence company that operates a proprietary consumer data AI platform. It processes 50 terabytes of data daily from over 2 billion devices across more than 40 countries. The company provides predictive intelligence products and AI solutions primarily for the telecommunications, financial services, and consumer data sectors, serving enterprise clients in North America and Asia.

 

SPAC Executive & Director Moves —

SPAC Executive & Director Moves
Company Ticker Moves
ACTIVATE ENERGY ACQUISITION CORP AEAQ
  • David Whitby has been appointed as Director of Activate Energy Acquisition Corp., effective immediately as of .  (view source)
TRIBECA STRATEGIC ACQUISITION CORP BIDWU
  • On , multiple individuals were appointed to various positions in the company, including Mihir Dange, Gilbert H. Dunham, Jr., Andrew Oakley, and Mattia Tomba to the board of directors; Timothy Ramdeen as Chairman of the Board, and Sukhvinder Gill as CFO.  (view source)
Source: SEC EDGAR filings via Boardroom Alpha
 

SPAC Movers —

YESTERDAY’S TOP SPAC GAINERS
Company Ticker Change Price Stage
LEGATO MERGER CORP III LEGT 16.9% $ 11.15 Announced
BLEICHROEDER ACQUISITION CORP II BBCQ 2.9% $ 11.13 Announced
ARCHIMEDES TECH SPAC PARTNERS II CO ATII 0.9% $ 11.29 Announced
ALCHEMY INVESTMENTS ACQUISITION CORP 1 ALCY 0.8% $ 11.80 Announced
METALS ACQUISITION CORP II MTAL 0.7% $ 10.22 Pre-Deal
 
YESTERDAY’S TOP SPAC LOSERS
Company Ticker Change Price Stage
GENERAL PURPOSE ACQUISITION CORP GPAC -20.8% $ 11.04 Pre-Deal
MOUNTAIN LAKE ACQUISITION CORP MLAC -10.3% $ 8.75 Announced
VOYAGER ACQUISITION CORP VACH -7.9% $ 9.76 Announced
STONEBRIDGE ACQUISITION II CORP APAC -5.9% $ 12.08 Pre-Deal
AIMEI HEALTH TECHNOLOGY CO LTD AFJK -5.0% $ 40.87 Announced
Source: Boardroom Alpha market data
 

Frequently Asked Questions

  • Which SPAC IPOs priced on ?
    InterPrivate Investment Partners V, Inc. (IPV) priced a $175M IPO, and Long Table Growth Corp. (LTGR) priced a $150M IPO.
  • What was the trust funding percentage for Long Table Growth Corp.?
    Long Table Growth Corp. (LTGR) funded trust at 100.5% of $10 par, equal to $10.05 per unit at IPO.
  • How many SPAC IPOs priced in June 2026 through June 4?
    5 SPAC IPOs priced for $825M through the first 4 sessions of June 2026, compared with 2 IPOs for $400M over the same span in May 2026.
  • What happened at Bayview Acquisition Corp.'s extension vote?
    Bayview Acquisition Corp. (BAYA) won approval to extend its deadline to . Investors redeemed 124,156 shares, removing $1,493,597 from trust at $12.03 per share.


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